Fuel Fix

A pontoon excavator plumbs Morrow Lake near Galesburg, Mich., for submerged oil from the Kalamazoo River spill while three sheen sweepers collect stirred-up oil. Crews are continuing cleanup work from last year's more than 800,000 gallon oil spill that contaminated southern Michigan's Kalamazoo River. (AP Photo/The Enquirer, John Grap)

Parts of Kalamazoo River could reopen this summer

Sections of the Kalamazoo River that have been closed since a 2010 pipeline rupture that spilled more than 800,000 gallons of oil in southern Michigan could reopen this summer.  More »

Conoco fattest U.S. dividend offers 4% income not growth

ConocoPhillips (COP) will court income- focused investors with a dividend yield quadruple that of its peers after spinning off its refining business this month to become more of a pure oil and natural-gas producer.  More »
(Photo: BFS Man)

Duke Energy CEO says U.S. energy independence is the wrong goal

Duke President and Chief Executive Officer Jim Rogers said energy independence in the United States has been the Holy Grail for more than three decades, but it’s the wrong goal for Americans.  More »
Rep. Lee Terry, R-Neb. (AP photo)

GOP to try again on linking Keystone XL to highway bill

Republicans will try again to pass a bill by Rep. Lee Terry, R-Neb., to let the Keystone XL pipeline to cross the U.S.-Canadian border. In making the announcement, Republicans cited Kinder Morgan Energy Partners’ plan to expand a pipeline in Canada to the Pacific coast.  More »
(Photo: Julien Tromeur, Flickr)

Oil falls below $103 after China growth slows

Retail U.S. gasoline prices fell for the seventh day in a row.  More »
A view of the facility at Shell's Ursa project in the Gulf of Mexico. Shell is the operator on the project, but working partners include BP, Exxon Mobil and ConocoPhillips. (Photo: Shell)

Feds say natural seep is likely source of Gulf oil sheen

Naturally seeping oil from the seafloor is the likely culprit behind a 10-mile sheen discovered in the central Gulf of Mexico earlier this week, federal officials said Friday.  More »
People fill the tanks of their vehicules at an YPF station in Buenos Aires, Argentina,  Thursday, April 12, 2012. Spanish Industry Minister Jose Manuel Soria  has warned that the government will interpret any "hostile gestures" against Spanish companies abroad as an act of aggression, in an apparent reference to a conflict with Argentina over an oil company controlled by Spain's Repsol. YPF,  which is 57 per cent owned by Repsol,  has rejected Argentine government pressure to plough some of its profits back into the South American country.(AP Photo/Natacha Pisarenko)

Argentine governor denies press report on YPF takeover proposal

The governor of Argentina’s Jujuy province rejected a media report that said the government plans to send Congress a bill authorizing it to take a 50.01 percent stake in YPF SA, the country’s biggest energy company.  More »
This photo taken and released by Rio de Janeiro's government, shows an aerial view of a boat crossing an area of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil. Rio de Janeiro state's environment secretary, Carlos Minc, says Brazil is expected to fine Chevron nearly $28 million for the ongoing offshore oil spill and will also ask Chevron to pay for damages caused by the Atlantic spill. Minc said Monday he considers the fine way too lenient, but it's the maximum allowed under current Brazilian law. (AP Photo/Rio de Janeiro's government,Rogerio Santana)

Chevron plans to resume operations in Brazil after spill

Chevron Corp., the second-largest U.S. oil company, plans to resume operations at Brazil’s eleventh-largest oil field after studying the causes of recent leaks.  More »
Former TCEQ member Buddy Garcia. (Photo: Harry Cabluck, AP)

Former TCEQ Commissioner Buddy Garcia appointed to Railroad Commission

Former Texas Commission on Environmental Quality Commissioner H.S. Buddy Garcia has been appointed to the Texas Railroad Commission by Gov. Rick Perry, the Office of the Governor announced on Thursday.  More »
Employees of National Oilwell Varco demonstrate the workings of an oil rig at their Galena Park yard on the Houston Ship Channel where they outfit rigs for land and sea. Photographed April 28, 2008 in Galena Park. ( Eric Kayne / Chronicle )

NOV acquires Wilson, as it stakes out bigger share of oilfield equipment market

National Oilwell Varco plans to purchase Schlumberger’s Wilson distribution business segment in an all-cash transaction for an undisclosed sum, the company announced on Tuesday.  More »
(AP Photo/Pablo Martinez Monsivais)

White House creates natural gas task force

The Obama administration on Friday established a working group to coordinate federal regulation of natural gas production, amid industry complaints that an increasing number of government agencies are overseeing the activity.  More »
ExxonMobil CEO Rex Tillerson (left) talks to Russian Prime Minister Vladimir Putin during a  signing ceremony in Russia in 2011. (AP photo/RIA Novosti, Alexei Druzhinin, pool)

Exxon, Rosneft to outline Arctic drilling plan next week

Exxon Mobil Corp. (XOM), the largest U.S. oil producer, and Russian energy company OAO Rosneft (ROSN) will present details of their $3.2 billion joint-exploration agreement to analysts in New York on April 18.  More »